$ARK /USDT BULLISH BREAKOUT IN PLAY šŸš€šŸ”„

šŸ“Š Technical Analysis (1H/4H Timeframe)

$ARK /USDT has shown strong bullish momentum, currently trading at $0.4108 (+5.17%), with a breakout above key moving averages.

šŸ“Œ Key Levels:

Resistance: $0.4167 šŸ”¼ (breakout level)

Support 1: $0.4020

Support 2: $0.3870

MA Support:

MA(7): $0.3979

MA(25): $0.3928

MA(99): $0.3911

šŸ“ˆ Trade Setup ā€“ LONG ENTRY āœ…

Entry: $0.4100 ā€“ $0.4120

Take Profit (TP):

TP1: $0.4260 šŸŽÆ

TP2: $0.4380 šŸš€

Stop Loss (SL): $0.3980 āŒ

šŸ’” Reasoning:

Price has broken above short-term resistance and is now holding above all major MAs. Volume confirms momentum. If $0.4167 is broken and held, bullish continuation likely.

āš ļø Risk Management:

Use 1ā€“2% of capital per trade. Stick to SL & avoid FOMO. Set TPs based on risk-reward ratio (min 1:2). Manage trailing stops as price moves up. šŸ“‰šŸ“ˆ

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